Global indirect tax rates

The foreseen increase in the lower rates that apply to transactions on/to the Aegean islands is postponed until December 31, 2017.

The third wave of increase in the VAT rates for all isolated islands will be applicable as from January 01, 2018

Albania

20%

0% - 10%

VAT

Reduced rate of 10% applies to the supply of medicine and medical care services. Albania has cut its VAT rate on tourism from the standard rate of 20% to the 6% reduced rate.

Algeria

19%

7%

VAT

Andorra

4.5%

VAT

Angola

10%

2% - 5%

Consumption tax

Goods are taxed at rates ranging from 2% to 30%; services are taxed at a rate of 5% or 10% (e.g. telecoms, water and electricity are taxed at 5%)

Antigua and Barbuda

15%

12.5%

Sales tax

Argentina

21%

0% - 10.5%

VAT

Special high rate of 27% applies to the supply of telecom services, gas, water and electric power not used exclusively in a dwelling. Reduced rate of 10.5% applies to medical supplies; construction of housing; certain foods and transport
3% Standard IIBB local taxes to 6%

Multiple-rate system with tax levied at state (ICMS), federal (IPI) and municipal (ISS) levels. ICMS rates range from 0% to 25% and vary from state to state; standard rate is 17% (18% in São Paulo and 19% in Rio de Janeiro). Rates on interstate operations range from 4% to 7% or 12%. IPI rates range from 0% to 330%, depending on the product. ISS rates (tax on services) range from 2% to 5%, depending on the municipality

Besides the mentioned rates, there are increased rates of 9.5%, 13.5% and 20%.

Cape Verde

15%

0%

VAT

Central African Republic

19%

0%

VAT

Chad

18%

VAT

Chile

19%

VAT

China

17%

0% - 3% - 4% - 6% - 11% - 13%

VAT

Business tax applies to services not yet subject to the VAT reform

Colombia

19%

0% - 5%

VAT

Commonwealth of Dominica

15%

10%

VAT

Comoros

10%

VAT

Congo (Democratic Republic)

0% 3% 6% 9% 13% 15% 18% 30%

Sales tax

Main sales tax rate is 13%

Congo (Republic)

18%

VAT

Cook Islands

15%

VAT

Costa Rica

13%

0% - 5% - 10%

VAT

Croatia

25%

13% - 5%

VAT

Cuba

2.5% 5% 7.5% 10% 15% 20% 25%

Sales tax

Curacao

6%

0%

TOT (Turnover Tax)

Higher rate of 7% or 9% applies to certain goods and services

Cyprus

19%

9% - 5%

VAT

Czech Republic

21%

15% - 10%

VAT

Denmark

25%

VAT

Djibouti

33%

Sales tax

Dominican Republic

18%

0% - 13%

VAT

Dubai

0%

Effective January, 2018 there will be a 5% charge on goods and services.

Ecuador

14%

0%

VAT

Ecuador has announced plans to increase its VAT rate from the current 12% to 14%, effective June 1, 2017.

The VAT rise is only scheduled to be in a place for 1 year.

To pay for the repair of infrastructure (roads, bridges etc.), the VAT rise will come with a new bond issue and other tax increases.

Egypt

13%

Sales tax

Certain essential or luxury items are subject to different rates. Standard rate will increase to 14% on July 1, 2017

El Salvador

13%

0%

VAT

Equatorial Guinea

15%

6%

Sales tax

Eritrea

3% 5% 10% 12%

Sales tax

Estonia

20%

9%

VAT

Ethiopia

15%

VAT

Fiji

9%

0%

VAT

Finland

24%

14% - 10%

VAT

France

20%

10% - 5.5%

2.1%

VAT

Gabon

18%

5% - 10%

VAT

Gambia

15%

Sales tax

Georgia

18%

0%

VAT

Germany

19%

7%

VAT

Greece

24%

13%

6%

VAT

Grenada

15%

0% - 10%

VAT

Guam

4%

Sales tax

Guatemala

12%

0%

VAT

Guinea-Bissau

10%

Sales tax

Guyana

14%

VAT

Haiti

10%

Turnover tax

Honduras

15%

0%

Sales tax

Hungary

27%

18% - 5%

VAT

Iceland

24%

11%

VAT

India

12.50% - 15%

0% - 1% - 4% - 5%

GST

Indonesia

10%

0%

VAT

Iran

9%

Consumption Tax

Ireland

23%

13.5% - 9%

4.8%

VAT

The flat rate addition increased from 5.2% to 5.4%

Isle of Man

20%

0% - 5%

VAT

VAT rate follows that of the United Kingdom

Israel

17%

0%

VAT

Italy

22%

10%

4%

VAT

The foreseen increase in the Italian VAT rates have been postponed to January 01, 2018

Ivory Coast

18%

9%

VAT

Jamaica

16.5%

0% - 10%

VAT

25% rate applies to certain telecom services and instruments

Japan

8%

0%

VAT

Rate is scheduled to increase to 10% from October 1, 2019

Jersey

5%

0%

GST

Jordan

16%

0% 4% 8%

Sales tax

Jungholz and Mittelberg

19%

12% - 10%

VAT

Kazakhstan

12%

0%

VAT

Kenya

16%

0%

VAT

Korea (North Korea)

2% 5%

Turnover tax

Korea (South Korea)

10%

0%

VAT

Kyrgyzstan

12%

VAT

Laos

10%

VAT

Latvia

21%

12%

VAT

Lebanon

10%

VAT

Lesotho

14%

5%

VAT

Liechtenstein

8%

0% - 2.5% - 3.8%

VAT

Lithuania

21%

9%

5%

VAT

Luxembourg

17%

14% - 8%

3%

VAT

Macedonia

18%

0% - 5%

VAT

Madagascar

20%

VAT

Madeira

22%

12% - 5%

VAT

Malawi

16.50%

0%

VAT

Malaysia

6%

0%

GST

Mali

18%

5%

VAT

Malta

18%

7% - 5%

VAT

Mauritania

16%

VAT

20% rate applies only to telecom services. For petroleum products, the applicable rate is 16%. VAT is levied at a rate of 16% on all economic activities which constitute importation, delivery of goods and provision of services carried out in Mauritania for consideration, except those specifically listed as items in the General tax code.

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